Article 2ZCV1 Lenovo thought PC salesfolk could sell servers and was wrong by about $500m

Lenovo thought PC salesfolk could sell servers and was wrong by about $500m

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from The Register on (#2ZCV1)
Story Image'Over-integration' saw x86 business fail to launch

In Q3 2014m, the last period before offloading its x86 server business to Lenovo, IBM had server revenue of US$2.33bn, across x86 and its more exotic architectures. And in Q1 2017 IBM still had server revenue of $831.5m. Lenovo hauled in $731.5 which, once we do the math of IBM's old revenue minus Lenovo's current cash count, is a difference of about 750m."

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